Penn National Gaming (PENN): Today's Featured Leisure Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Penn National Gaming ( PENN) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day down 0.8%. By the end of trading, Penn National Gaming rose $0.80 (1.4%) to $56.13 on average volume. Throughout the day, 1,135,576 shares of Penn National Gaming exchanged hands as compared to its average daily volume of 857,800 shares. The stock ranged in a price between $55.65-$56.67 after having opened the day at $55.88 as compared to the previous trading day's close of $55.33. Other companies within the Leisure industry that increased today were: Empire Resorts ( NYNY), up 8.3%, Canterbury Park Holding Corporation ( CPHC), up 2.6%, Renren ( RENN), up 2.0% and Noodles & Co Class A ( NDLS), up 1.8%.

Penn National Gaming, Inc., together with its subsidiaries, owns and manages gaming and pari-mutuel properties in the United States and Canada. It engages in gaming on slot machines and table games. Penn National Gaming has a market cap of $4.4 billion and is part of the services sector. Shares are up 13.3% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Penn National Gaming a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Penn National Gaming as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, Cosi ( COSI), down 5.4%, Ctrip.com International ( CTRP), down 4.0%, International Speedway Corporation ( ISCA), down 3.7% and Luby's ( LUB), down 3.5% , were all laggards within the leisure industry with Las Vegas Sands ( LVS) being today's leisure industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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